Cyber Risk Trends: Q2 2018

Tuesday, August 7, 2018 at 11:00 AM ET

What cyber risk trends are we witnessing this quarter? On Tuesday, August 7th at 11am ET, Advisen will host a free, one-hour webinar which will examine a litany of cyber risk trends derived from our proprietary database of approximately 40,000 cyber events. Advisen’s Aloysius Tan and Erin Ayers, as well as a panel of experts, will examine what occurred in cyber risk trends in Q2 of 2018 and elaborate on how these trends can inform the cyber community.

Our panelists will also discuss the ramifications and implications of an array of provocative data views. By reviewing the largest possible arsenal of Cyber Event data, this webinar will showcase both the known and the unknown for risk managers, insurance buyers, and all P&C professionals who focus on cyber liability.

For more info and registration of this webinar, visit https://www.advisenltd.com/2018/08/07/cyber-risk-trends-q2-2018/

Advisen Ltd. August 2018. Cyber Risk Trends: Q2 2018 [Webinar].

Cyber Risk Trends: Q1 2018

Tuesday, May 8, 2018 at 11:00 AM ET

What cyber risk trends are we witnessing this quarter? On Tuesday, May 8th at 11am ET, Advisen will host a free, one-hour webinar which will examine a litany of cyber risk trends derived from our proprietary database of approximately 40,000 cyber events. Advisen’s Aloysius Tan and Erin Ayers, as well as a panel of experts, will examine what occurred in cyber risk trends in Q1 of 2018 and elaborate on how these trends can inform the cyber community. 

For more info and registration of this webinar, visit https://www.advisenltd.com/2018/05/08/cyber-risk-trends-q1-2018/

Advisen Ltd. May 2017. Cyber Risk Trends: Q1 2018 [Webinar].

Cyber Risk Trends: Q3 2017

Tuesday, November 14, 2017 at 11:00 AM EST

What cyber risk trends are we witnessing this quarter? On Tuesday, November 14th at 11am EST, Advisen will host a free, one-hour webinar which will examines a litany of cyber risk trends derived from our proprietary database of more than 40,000 cyber events.

For more info and registration of this webinar, visit https://www.advisenltd.com/2017/11/14/cyber-risk-trends-q3-2017/

Advisen Ltd. November 2017. Cyber Risk Trends: Q3 2017 [Webinar].

Cyber Risk Trends: Q1 2017

Webinar Date: Wednesday, April 12 at 11am ET

What cyber risk trends are we witnessing this quarter? On Wednesday, April 12th at 11am EST, Advisen will host a free, one-hour webinar that will examine a litany of cyber risk trends derived from our proprietary database of more than 30,000 cyber events.

Join Bitsight’s Jake Olcott, BitSight and Advisen’s Aloysius Tan and Erin Ayers as they examine what occurred in cyber risk trends in Q1 of 2017. Experts from Bitsight will provide some of their data, as well, to elaborate on how these trends can inform the cyber community.

Our panelists will review the ramifications and implications of an array of provocative data views. By reviewing the largest possible arsenal of Cyber Event data, this webinar aims to showcase both the known and the unknown for risk managers, insurance buyers, and all P&C professionals who focus on cyber liability.

This webinar is sponsored by BitSight.

For more info and registration of this webinar, visit http://www.advisenltd.com/events/webinars/2017/04/12/cyber-risk-trends-q1-2017/

Advisen Ltd. April 2017. Cyber Risk Trends: Q1 2017 [Webinar].

Cyber Risk Trends: 2016 Year in Review

January 24, 2017 (Tuesday) at 11am EST

What was trending in cyber risk this past year? On Tuesday, January 24th, Advisen will host a free, one-hour webinar that examines a litany  of cyber risk trends derived from our proprietary database of more than 30,000 cyber events.

Adam Cottini, Arthur J. Gallagher; David Lewison, AmWINS; and Erin Ayers and Aloysius Tan, Advisen, will examine cyber risk trends that emerged in 2016, paying special attention to categories that have seen steady growth, including Network/Website Disruptions and Privacy – Unauthorized Contact and Disclosure.

For more info and registration about this upcoming event, visit the link below:

http://www.in.advisenltd.com/cyber-risk-trends-2016-year-in-review

Ransomware Cases Projected to Double in 2016, Reaching An All-Time High

Advisen, the leading provider of data, media, and technology solutions for the commercial property and casualty insurance market, today published an infographic illustrating a number of cyber risk trends derived from the company’s proprietary cyber database of more than 26,000 cases.

Ransomware incidents, in which a type of malicious code encrypts data and demands payment for its recovery, are one of today’s fastest growing cyber threats. As of mid-year, the number of cases is projected to double from 2015 to 2016, reaching an all-time high. Cyber cases exposing more than one million records peaked in 2013, but the number of cases in 2015 remains 70% higher than those in 2010.

In addition, the number of suits filed alleging a violation of the Telephone Consumer Protection Act (TCPA) reached an all-time high in 2015 and is expected to grow even higher in 2016. Similarly, TCPA violations have increased by 40% from 2014 to 2015, resulting in a 140% increase in settlements within the same time period.

“Other cyber risk categories that have seen steady growth are System/Network Security Disruptions and Privacy Violations, both of which more than tripled in size from 2010 to 2015,” commented Aloysius Tan, Advisen’s Cyber Expert and Product Manager. “Privacy violations grew 13% from 2014 to 2015—a trend we expect to continue.”

Advisen’s cyber database includes more than 26,000 cases involving billions of unauthorized disclosures, thefts, or serious disruptions of customer & employee identities, corporate assets, and systems capabilities. Growing at a rate of 200 new cases with 1000 updates per week, this loss data is housed in a structured, relational database, and is mapped to the appropriate company from our database of over 20 million insureds. Learn more by requesting a cyber demo.

Click here to see the Cyber Risk Trends Infographic.

Advisen Limited. (2016). Ransomware cases projected to double in 2016, reaching an all-time high [Press release]. Retrieved from http://www.advisenltd.com/ransomware-cases-projected-to-double-in-2016-all-time-high/